Long

$INJ update on 1H

Updated

is currently consolidating with a target of $28.

- Monthly indicators are bullish, signaling sustained growth.
- Weekly indicators are also bullish, confirming the monthly trend.
- Daily indicators are neutral, with the MACD needing to decide whether to continue consolidating or cross into another pump.
- Hourly indicators show continued consolidation.

is not a meme coin; it’s growing steadily and gradually. There’s also a major conference at Devcon today.

Growth signs align with ’s seasonality when compared to 2023.

Trade active

has broken up the consolidation pattern.
There is an intense sell pressure at $26 that needs to be overcome. But it looks like we are going to the target. Now is in a raising pattern that is pretty solid on 1H, Updated chart here:
didn't had its pump yet like most other coins.

Trade closed: target reached

%INJ went to $27.2 and missed our target by a little bit. However it did what was expected.
Now RSI and MACD needs to reset lower to expect more gains.
The bottom support is at $23. Ket see if can stay in its raising partter or will it reintegrate the corrective one?
Updated chart is here:

Note

We reached $28.8, next is $30. I will publish a new update soon. Stay tuned!

CryptoNikkoid

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